Indiana Regional MLS Completes Consolidation of 13 MLS Systems Into Single Source of Real Estate Data

JACKSONVILLE, Fla., Sept. 16, 2014 /PRNewswire/ -- Together, the Indiana Regional Multiple Listing Service (IRMLS) and the MLS Solutions division of Black Knight Financial Services announced today the completion of the Paragon^® MLS rollout to all 13 of IRMLS' founding member boards. The transition is the result of an extensive two-year effort to implement a regional MLS platform that makes it easier and less expensive for IRMLS members — brokers, agents and appraisers — to conduct business and realize greater revenue. With the Paragon MLS platform, IRMLS is helping ensure that all of its nearly 6,000 members can benefit from the cost savings associated with bulk technology purchase agreements, while being able to collaborate and share information and services across the state.

"The formation of the IRMLS itself was really an unprecedented effort," explained Carrie Kendall, general manager of IRMLS. "We brought together 13 unique associations and MLSs from across the entire state and formed a single board of directors that would make decisions collectively while still serving the best interests of the membership of each of our individual founder boards. Of course, to make this work, we needed to have a unified technology platform that would not only allow our members to collaborate and share MLS data and services, but to also realize the substantial cost savings that would come from using one system with one vendor contract and leveraging the power of bulk purchasing."

According to Kendall, IRMLS representatives performed significant due diligence in their search for the one MLS platform that would make the most sense for the organization's membership. After an evaluation of all MLS service providers used by the founding member boards, Black Knight's Paragon was chosen based upon its ease of use, speed, multitasking options and mobile experience. After creating a common database and input forms in Paragon, data conversion, training and implementation began in phases across each of the 13 member boards beginning in early 2013. As of August, the process has been completed, and the entirety of IRMLS is sharing a common Paragon platform and database.

"The leadership of IRMLS is to be commended for their efforts in establishing this regional organization," said Rich Lull, Black Knight MLS Solutions managing director. "And, while we are proud that our Paragon platform fits the bill for their needs, I think what is most important is the incredibly collaborative process IRMLS undertook in getting to this point. We've been truly impressed by the way in which these 13 boards have come together to establish common ground that benefits all IRMLS members. They've accomplished what they set out to do: to deliver a single system that services many individuals with differing needs and provides collective power to agents all across Indiana."

For more information about IRMLS and its member boards, please contact Carrie Kendall at 765-429-5411. If you'd like to learn more about Paragon MLS, other market-leading MLS systems and public records data from Black Knight MLS Solutions, please contact Bob Morse at 650.863.4333.

About Indiana Regional MLS
The Indiana Regional MLS embodies the future of MLS organizations, representing a more cost-effective new service, which is more comprehensive and efficient than any of the individual MLS systems it has replaced. The regional MLS platform makes it easier and less expensive for members, who are brokers, agents and appraisers, to conduct business and make money. Access to the Indiana Regional MLS is unrestricted, and available to all REALTORS^® through its "Founder" boards.

About Black Knight Financial Services, LLC
Black Knight Financial Services, a Fidelity National Financial (NYSE: FNF) company, is the mortgage and finance industries' leading provider of integrated technology, data and analytics solutions that facilitate and automate many of the business processes across the mortgage life cycle.

Black Knight Financial Services is committed to being the premier business partner  that lenders and servicers rely onto achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class technology, services and insight with a relentless commitment to excellence, innovation, integrity and leadership. For more information on Black Knight Financial Services, please visit www.bkfs.com.

SOURCE Black Knight Financial Services